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How this young entrepreneur is innovating in heavy engineering space without being an engineer himself

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How this young entrepreneur is innovating in heavy engineering space without being an engineer himself

Yash Singh envisioned GREY Group in 2015 as a means to exponentially expand his conventionally run family managed foundry business. He leads Greycast Founders (CEO) & Amar Founders Pvt. Ltd. (Director) with manufacturing competencies in manufacturing and exports of metal castings for various Oil, Gas and Petrochemical equipment manufacturers. At 25, he was also the youngest chairman of Institute of Indian Foundrymen – Greater Mumbai Chapter, the youngest chairman in the 70 years of the said Institute, which is the apex body of the foundry industry in the country.
In March 2021 he was granted with a Patent for his invention of a new Titanium based alloys. This new technology invented by him was for the manufacturing of Non Sparking Tools, which was a forward integration to his existing manufacturing business. His patented technology has not only reduced health hazards in the non sparking tools industry but also eliminates expensive imports, and enhances manufacturing of such non sparking tools in India. Thereby aiding the vision of Atmanirbhar Bharat by providing an import substitute for a key product, non sparking tools used in Oil & Gas refineries. Albeit not being an engineer by education, he was able to obtain a patent for the manufacturing of the critical titanium alloy as an import substitute for the expensive Beryllium non sparking tools used by all refineries in our country.
In the year 2020, he founded a new startup, GREY Safety Tools Pvt. Ltd., for the marketing and distribution of these non-sparking tools manufactured using the new, patented Titanium alloy. Within just a year the new vertical has been able to cater to major Oil & Gas giants in the country of the likes of IOCL, BPCL, HPCL, ONGC, GAIL etc. saving their expensive imports cost and providing a giant leap towards our Make in India campaign. The company is rapidly growing by adding distributors in all Oil producing regions of Middle East, North America and Russia.
During Covid lockdown, he also has been successful in filing another patent in the Oil & Gas industry, and has been able to solve numerous problems, which are acquainted in the valves used in refineries, since the patent is still under process.
He had also been awarded with the prestigious Young Foundryman of the Year Award at the Indian Foundry Congress at New Delhi in 2018. He has done his family business management studies (GFMB) from the SP Jain School of Global Management. He is responsible for the expansion and overall management of the business of their Company, His leadership abilities have been instrumental in leading the core team of their Company. He provides his learned guidance to their Company in the capacity of CEO and has been instrumental in the company’s growth.

website – www.greysasfety.tools, www.greycastfounders.net

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